Fairfax bleeds real estate revenue. As speculation continues to swirl that Fairfax Media are preparing, George Hearst-style, to make a multi-million dollar strongarm bid for Antony Catalano’s Weekly Review, the first glossy throwaways of the year are hitting mailboxes in Melbourne’s affluent green belt. Antony Catalano has laid waste to Fairfax’s Victorian real estate advertising revenue streams and the situation looks the most grim in the city’s north-east.

His Heidelberg and Diamond Valley edition landed with 52 pages of premium property this week. News Limited’s Diamond Valley and Heidelberg Leaders weighed in with 32 pages. And Fairfax’s Banyule and Nillumbik Weekly? A grand total of one page from Stockdale & Leggo’s Bundoora office. That is not a typo. — Andrew Crook

Much ado about Overington on Yasi. “Much ado,” declared Caroline Overington on her Australian blog, just hours after a category five cyclone terrorised tens of thousands of North Queenslanders and razed towns:

A resident of north Queensland has just called into Sydney radio to say the roof of their cubby house was blown off during Cyclone Yasi.

Also, reports of garage doors being battered. Some poles are down. Palm trees have of course lost fronds.

Some thought that was pretty insensitive. Like our own Possum and Grog’s Gamut (though he later retracted the suggestion Overington was barracking for cyclone deaths). Overington was “saddened”. She does care — she tweeted so: “Nobody who knows me would come to the same view.” The original post is now gone — replaced by one republishing tweets of compassion and concern. Just to be clear. — Jason Whittaker

How to read The Daily for free, online, without an iPad

The Daily, the iPad-only tablet “newspaper” released Thursday, has an odd relationship with the web: It allows both subscribers and non-subscribers to view web-based versions of all of its articles for free, but it doesn’t offer a convenient index (a.k.a. homepage) for perusing them. So Andy Baio, formerly the CTO of Kickstarter and now a project director at Expert Labs, decided to do The Daily a favor: Compile all of the stories published each day by and post them to Tumblr.” — Mashable

Egypt cracks down on foreign journalists

“Dozens of foreign journalists were arrested, attacked and beaten today as the Egyptian government and its supporters embarked on what the US state department called a “concerted campaign to intimidate” the international media.” — The Guardian

Google to use street view technology in art museums

“Using its Street View technology, the internet giant will allow people to virtually visit galleries and view works at gigapixel resolution.” — The Art Newspaper

New York Times drops as print ads, circulation slide cut profit

“New York Times Co., publisher of the namesake newspaper, dropped as much as 5.9 percent after reporting a 26 percent decline in profit as print advertising and circulation revenue continued to shrink.” — Bloomberg

Donald Rumsfeld was right about everything: new book

“Reviled two-time Defense Secretary Donald Rumsfeld has finally written his memoir. It is titled Known and Unknown, after a typically obtuse quote he gave to the press while mismanaging the “global war on terrorism.” In his memoir, Rumsfeld is settling various old scores, and, obviously, trying to convince everyone that he is not responsible for the various awful failures and fiascoes that occurred at the Pentagon during his tenure in the Bush administration.” — Salon

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Peter Fray
Peter Fray
Editor-in-chief of Crikey
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